Riyadh Triumph: Shehbaz’s Diplomatic Success. Prime Minister Shehbaz Sharif’s intensive weekend in Riyadh yielded significant strides in bolstering Pakistan’s economic prospects and international partnerships. Engaging with key Saudi officials, including Crown Prince Mohammed Bin Salman, Minister for Investment Khalid Al-Falih, and Finance Minister Mohammad Al Jadaan, Shehbaz garnered praise as a ‘man of action’ and secured commitments for Saudi investment in Pakistan.
Minister Al-Falih lauded Shehbaz’s efficacy and highlighted Pakistan’s priority status for Saudi investment across various sectors like agriculture, IT, and energy.
Moreover, Shehbaz met with IMF Managing Director Kristalina Georgieva to reaffirm Pakistan’s dedication to economic reform. Expressing gratitude for IMF support, he emphasized his government’s resolve to implement structural reforms and ensure fiscal discipline for sustained economic growth. The pending decision on the final tranche of the $3 billion Standby Arrangement remained a crucial point of discussion.
In parallel, engagements with Kuwait’s Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah aimed to deepen bilateral ties into a mutually beneficial economic partnership. Shehbaz underscored Pakistan’s commitment to efficiently implement previously signed agreements, further solidifying ties.
Additionally, Shehbaz participated in discussions on global health, emphasizing the imperative of addressing global inequality in healthcare access.
Overall, Shehbaz’s diplomatic efforts showcased Pakistan’s commitment to economic revitalization, fostering partnerships for growth, and advocating for global health equity.